Departmental budgets remain tight - SOPHIE GOULD, Yale News

Facing a projected $40-million budget deficit for the coming academic year, faculty and administrators continue to deliberate about how to close the gap. The 2013-’14 shortfall is significantly smaller than the $350-million gap between costs and operating revenue that Yale faced following the onset of the economic recession in 2008, but Provost Benjamin Polak told the News that Yale has not yet reached a sustainable budget model and continues to draw on reserve funds. Though there will be no “across-the-board” cuts this year, the University must look for ways to reduce expenses permanently, Polak said, adding that he has begun meeting with departments and programs to discuss their budgets and hiring prospects for the coming year. http://yaledailynews.com/blog/2013/02/20/though-avoiding-cuts-department-budgets-remain-tight/